Stock Fraud Overview

Can I Sue My Stockbroker or the Brokerage Firm to Recover My Investment Losses?

Since 2007, the attorneys at Dimond Kaplan & Rothstein, P.A., have seen an increasing number of clients with complaints involving fixed-income products such as:

• Bond mutual funds,
• Hedge funds,
• Collateralized debt obligations (CDOs),
• Subprime mortgage derivatives, and
• Auction rate securities.

In many of these fixed-income product cases, clients complain that the risks of these securities were misrepresented, inadequately explained, or entirely undisclosed. Often, our attorneys have found that brokers themselves did not understand the investments they were selling. This is a clear breach of a stockbrokers' responsibility to a client.

The securities law attorneys at Dimond Kaplan & Rothstein, P.A. represent investors and shareholders throughout the United States and Latin America in cases involving stockbroker and brokerage firm negligence and fraud and investment fraud. Our goal is to help our clients recover financially from the investment losses they suffered due to dishonest brokerage firms and negligent stockbrokers.

Our securities lawyers have recovered millions of dollars of clients' investment losses from brokerage firms such as Merrill Lynch, Banc of America Securities, Wachovia, Morgan Stanley, UBS, Raymond James, Prudential, JP Morgan Chase, Oppenheimer, Lehman Brothers, Deutsche Bank, and Credit Suisse.

Do you have a case? Contact an experienced investor fraud lawyer at Dimond Kaplan & Rothstein for a free consultation. From our Miami or West Palm Beach law office we represent investors around the country in securities arbitration and securities litigation.

We help investors with these and other investment fraud and stockbroker fraud cases:

• Unsuitability claims if your broker recommended and sold you securities that were not consistent with your investment objectives or your risk tolerance
• Improper asset allocation or lack of diversification of the assets in your account
• Margin losses involving involuntary liquidations of securities to pay off amounts borrowed from the brokerage firm
• "Churning": excessive trading by the broker for the purpose of generating broker commissions
• Misrepresentation or nondisclosure of material information about an investment and its risks
• Unauthorized trading
• Other stockbroker misconduct ranging from failure to follow your instructions to outright theft of client funds and Ponzi schemes

Do You Have to Bring Your Complaint through Securities Arbitration?

Chances are, the answer is yes. When you opened your brokerage account, you probably signed an agreement saying that you would enter into binding arbitration as your exclusive remedy for claims of stockbroker negligence, investment fraud, or other misconduct by your broker or brokerage firm.

You can recover your investment losses through arbitration, and there are several benefits to engaging in arbitration rather than securities litigation. To learn more about securities arbitration, or for a free consultation about your legal rights if you have been the victim of investment fraud, contact Dimond Kaplan & Rothstein in Miami or West Palm Beach.